Weekly Chart Analysis : By checking the gold chart, we see that the price could not maintain the support of $1694 and is currently trading in the range of $1685. Note that the price may penetrate below $1680 to collect liquidity, so definitely consider this scenario. give ! As you know, since April 2022, this has been an important support level for gold ($1,670 to $1,730), now the price has been in this range for the seventh time in the last 3 years, this time there is a possibility of breaking this level, But we do not prejudge and we will wait for the price movement, but just so that you can monitor the chart better, I must say that if the support of $1670 is lost, the next important target will be $1634! This was just the general view I had of the gold chart, smaller movements of the market will be analyzed in the next analysis!

6H TA Analysis :

XAUUSD IMPORTANT Analysis : 6H TF


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👤 Arman Shaban : ArmanShabanTrading
📅 09.15.2022
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